I wanted to highlight two pro-trending stocks that continue to breakout and rank highly on technical (chart-based) relative strength stock scans.

Gaming related stocks Electronic Arts (EA) and GameStop (both retail names) continue to see inflows of money into their stocks. Let’s take a quick look at these names and what this suggests about the future.

We’ll start with Electronic Arts (EA) on the Daily Chart:

From the November 2012 broader stock market low, both Electronic Arts (EA) and GameStop (GME) have triggered three breakout buy signals with the most recent one being above their respective July 2013 highs.

If history repeats for a third time, then share prices may easily continue trending higher in another breakout mode as has been the case since last week.

Compared to EA, GameStop suffered a more severe retracement or sell-off in May yet shares responded with a non-stop pro-trend upside rally that culimnated in last week’s upside breakout activity.

Both stocks continue to form higher highs and higher lows (price definition) and show the most bullish moving average orientation (with the 20 above the 50 and the 50 above the 200).

For a bit of perspective, let’s quickly compare these stocks on their Weekly Chart timeframe:

GameStop (GME):

A quick comparison of the historical activity shows a stronger recent performance for GameStop which has increased roughly 200% from its July 2012 low; in addition, GME is trading far above the 2011 high when compared to the recent breakout event above 2011’s level for EA.

For comparison, EA gained roughly 140% from the same July 2012 low.

Both stocks do currently show an overextended market suffering from negative momentum and volume divergences so let those be caution signs going forward.

Nevertheless, continue to focus on the price trend itself and any additional upside activity in a breakout environment in the context of a strong, persistent uptrend in action.